US ENERGY CORP

USEG

Form 4 • Statement of Changes in Beneficial Ownership

Summary

Type

Sell

Net shares

-700,000

% of shares

-9.35%

Amount (USD)

$907,086

Insider confidence score

20.0 out of 100

Negative

  • Large discretionary sell (≥1% of shares)
  • Large sell amount ($250K+)

Stock transactions

Transaction 1

Security

Common Stock

Action

Sell

Date

2026-03-02

Code

S

Net shares

-10,400.0

Price per Share

$1.25

Amount (USD)

$13,011.44

Acquired/Disposed

Disposed

Shares Owned Before

95,063.0

Shares Owned After

84,663.0

Transaction 2

Security

Common Stock

Action

Sell

Date

2026-03-02

Code

S

Net shares

-357,500.0

Price per Share

$1.25

Amount (USD)

$447,268.25

Acquired/Disposed

Disposed

Shares Owned Before

3,258,142.0

Shares Owned After

2,900,642.0

Transaction 3

Security

Common Stock

Action

Sell

Date

2026-03-02

Code

S

Net shares

-26,930.0

Price per Share

$1.25

Amount (USD)

$33,692.12

Acquired/Disposed

Disposed

Shares Owned Before

245,375.0

Shares Owned After

218,445.0

Transaction 4

Security

Common Stock

Action

Sell

Date

2026-03-02

Code

S

Net shares

-40,000.0

Price per Share

$1.25

Amount (USD)

$50,044.00

Acquired/Disposed

Disposed

Shares Owned Before

362,543.0

Shares Owned After

322,543.0

Transaction 5

Security

Common Stock

Action

Sell

Date

2026-03-03

Code

S

Net shares

-6,364.0

Price per Share

$1.37

Amount (USD)

$8,713.59

Acquired/Disposed

Disposed

Shares Owned Before

84,663.0

Shares Owned After

78,299.0

Transaction 6

Security

Common Stock

Action

Sell

Date

2026-03-03

Code

S

Net shares

-218,000.0

Price per Share

$1.37

Amount (USD)

$298,485.60

Acquired/Disposed

Disposed

Shares Owned Before

2,900,642.0

Shares Owned After

2,682,642.0

Transaction 7

Security

Common Stock

Action

Sell

Date

2026-03-03

Code

S

Net shares

-16,441.0

Price per Share

$1.37

Amount (USD)

$22,511.02

Acquired/Disposed

Disposed

Shares Owned Before

218,445.0

Shares Owned After

202,004.0

Transaction 8

Security

Common Stock

Action

Sell

Date

2026-03-03

Code

S

Net shares

-24,365.0

Price per Share

$1.37

Amount (USD)

$33,360.56

Acquired/Disposed

Disposed

Shares Owned Before

322,543.0

Shares Owned After

298,178.0

Filing's footnotes

1. Excludes shares of common stock relating to the voting group included under "Remarks", except as described in footnotes (4), (5) and (6).

2. The price reported in Column 4 is a weighted average price. The reporting person undertakes to provide to US Energy Corp (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.

3. Represents shares of shares of common stock, $0.01 par value per share of the Issuer (the "Common Stock"), held by SRC Management Company, LP ("SRC"). The shares held by SRC may be deemed to be beneficially owned by Sage Road Capital, LLC ("Sage Road"), which indirectly controls SRC, and by Mr. Batchelor and Mr. Stamets, due to their status as co-Managing Partners of Sage Road. Mr. Batchelor and Mr. Stamets disclaim beneficial ownership of the securities reported herein except to the extent of each of their pecuniary interest therein.

4. Represents shares of the Common Stock held by Banner Oil & Gas, LLC ("Banner"). The shares held by Banner may be deemed to be beneficially owned by Sage Road, which indirectly controls Banner and manages certain funds which own a majority interest of Banner, and by Mr. Batchelor and Mr. Stamets, due to their status as co-Managing Partners of Sage Road. Mr. Batchelor and Mr. Stamets disclaim beneficial ownership of the securities reported herein except to the extent of each of their pecuniary interest therein.

5. Represents shares of the Common Stock held by Woodford Petroleum, LLC ("Woodford"). The shares held by Woodford may be deemed to be beneficially owned by Sage Road, which indirectly controls Woodford and manages certain funds which own a majority interest of Woodford, and by Mr. Batchelor and Mr. Stamets, due to their status as co-Managing Partners of Sage Road. Mr. Batchelor and Mr. Stamets disclaim beneficial ownership of the securities reported herein except to the extent of each of their pecuniary interest therein.

6. Represents shares of the Common Stock held by Sage Road Energy II, LP ("Sage Road Energy"). The shares held by Sage Road Energy may be deemed to be beneficially owned by Sage Road, which indirectly controls Sage Road Energy and manages certain funds which own a majority interest of Sage Road Energy, and by Mr. Batchelor and Mr. Stamets, due to their status as co-Managing Partners of Sage Road. Mr. Batchelor and Mr. Stamets disclaim beneficial ownership of the securities reported herein except to the extent of each of their pecuniary interest therein.

This page is for informational purposes only. While we strive for accuracy, the summary may contain inaccuracies or omissions. Please refer to the official SEC filing for authoritative information. Open the SEC filing.